Community Trust ScoreVerified
The debate around whether the United States will begin accumulating Bitcoin for its strategic reserve continues to grow. According to crypto entrepreneur Mike Alfred, the U.S. will only begin buying Bitcoin when other countries make the first move. His comments come at a time when governments around the world are increasingly exploring digital assets as part of their long-term economic and strategic planning.
US Waiting for External Pressure Before Buying Bitcoin
In a recent podcast interview, Alfred explained that the U.S. government is unlikely to act until it feels enough pressure from international competitors that begin acquiring Bitcoin. He noted that Washington tends to react rather than lead when dealing with emerging technologies, and Bitcoin is no exception.
According to Alfred, the U.S. will add Bitcoin to its reserve “when there is enough pressure externally,” meaning when other nations start building significant BTC positions. At that point, he believes the U.S. will feel compelled to secure its own share in order to maintain economic influence and avoid falling behind.
He added that the timeline for such a move is uncertain, but the motivation will likely come from geopolitical changes rather than internal policy decisions.
Other Nations May Push the U.S. Into Action
As more governments explore national Bitcoin strategies, industry leaders are urging the U.S. to move faster. Some have warned that if the United States waits too long, it could lose a competitive advantage.
Several executives in the crypto space argue that accumulating Bitcoin early could strengthen national reserves, hedge currency risks, and provide long-term financial security. They say waiting until BTC reaches higher valuations would make it harder for the U.S. to build a meaningful reserve.
This pressure is growing as more countries show interest. Some smaller economies have already publicly expressed intent to explore Bitcoin adoption at the national level, which raises concerns that the U.S. could eventually be outpaced.
Bitcoin Could Hit $1 Million by 2033, Says Alfred
Alfred also discussed long-term Bitcoin price expectations. He believes that BTC could reach $1 million per coin by 2033, which he views as a realistic timeline compared with more aggressive forecasts. Industry figures such as Cathie Wood and Brian Armstrong have predicted that Bitcoin could reach a seven-figure valuation as early as 2030.
Regardless of the exact year, Alfred is confident that BTC’s price will eventually climb to that range. By that point, he expects almost every government in the world to hold some form of Bitcoin exposure — whether directly through national reserves or indirectly through financial institutions.
He added that once Bitcoin is widely recognized as a strategic asset, national accumulation will become a standard practice.
US Strategic Bitcoin Reserve Still Not Implemented
Earlier this year, the U.S. government announced plans to create a Strategic Bitcoin Reserve after President Donald Trump signed an executive order supporting the idea. The order called for “budget-neutral methods” to accumulate Bitcoin, but the initiative has not yet been put into action.
In September, Galaxy Digital analyst Alex Thorn said he saw a “strong chance” that the U.S. would officially announce the formation of a Bitcoin reserve before the end of the year. However, no formal update has been released so far.
The lack of progress suggests that the U.S. may still be evaluating geopolitical risks, regulatory structures, and long-term financial strategies related to digital assets.
Experts Warn the U.S. Could Be ‘Front-Run’
Some analysts believe the U.S. cannot afford to wait much longer. Samson Mow, the founder of Jan3, warned earlier this year that the United States risks being “front-run” by other countries that may begin acquiring large amounts of Bitcoin before the U.S. makes its move.
Mow said the U.S. should start accumulating BTC soon, especially as countries like Pakistan have shown interest in adding Bitcoin to their reserves. If other nations build strategic positions first, the U.S. could face higher prices and increased competition.
A Turning Point for Government Bitcoin Adoption
Alfred noted that it was once “impossible to imagine” the U.S. government acknowledging Bitcoin at all. But with recent policy discussions, executive orders, and public debates, he believes the past few years represent major progress.
Crypto analysts agree that global Bitcoin adoption is entering a new phase — one where national strategies, reserves, and geopolitical influence will shape how governments interact with digital assets.
Whether the U.S. chooses to lead or follow remains to be seen, but one thing is certain: pressure from the international community will play a major role in shaping America’s Bitcoin future.
